Manufacturing

Rebounding Mitsubishi Motors to invest more than $10 billion in electric vehicles, hybrids and EV batteries

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The Mitsubishi Outlander PHEV is the brand's only electrified offering in the U.S. but more battery-powered vehicles are on the way under the company's new mid-term plan. Credit: Mitsubishi Motors Corp. (Mitsubishi Motors Corp.)
March 10, 2023 12:44 PM

TOKYO — Rebounding Mitsubishi Motors will pour more than $10 billion into electrified vehicles and battery production through 2030 as it expands its battery-powered lineup in advanced markets such as North America, partly by leaning on help from Nissan Motor Co. and Renault.

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